Rivian posts Q4 gross profit, but warns of a difficult 2025

By / / Automotive / 1 minute of reading


Rivian expects to sell less vehicles in 2025 as tariffs threaten increased costs and changes to customer demand. By Stewart Burnett

Electric vehicle (EV) brand Rivian posted its Q4 2024 results on 21 February, achieving as promised its first quarterly gross profit since commencing production (US$170m) alongside a net loss of US$743m. Full-year deliveries sat at 51,579, but the automaker warned shareholders to manage expectations for 2025, forecasting a “modest” gross profit and deliveries in the range of 46,000-51,000.

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Rivian posts Q4 gross profit, but warns of a difficult 2025



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Avatar of Karen Gaines
Karen Gaines is a writer for News Trolley. She writes about lifestyle, books, sports, education, and tech. When she's not writing or reading, she enjoys swimming at the local pool and playing tennis.

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